The counterfeit business is good. An Industry Week article notes that it be costing industrial businesses and consumers like you and me $250 Billion, each year! This is 10 Million, $100 bills, or 12 Pallets for just ONE Billion. Or 3,000 pallets of $100 bills for $250 Billion. Annually!
If you contract manufacture in Asia, inevitably the conversation of counterfeit components will NEED to happen; either to prevent a situation or deal with one. Whether you are sourcing plastic resins, filler additives, copper, or components for PCBs, a diligent 5 step plan needs to put in place and it needs to be monitored. Here are our 5 Tips to ensure counterfeit protection against your goods:
With over 20 years of manufacturing experience in Asia we have seen it all from copper that was painted aluminum to fake resins, to phony components. What’s the risk: What if your UL electronics aren’t really UL approved and fair or worse, catch fire? Who wants that liability? Not you!
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